Tough times, drastic measures?

• Position: News&trends - Survey - Brief article

What has the economy done to employee morale?

A recent survey tried to gauge employees' mindsets during this tough economy and found:

* Pay cuts: 18% of respondents said they would be willing to take a pay cut to keep their job. Of those willing to take a pay cut, 55% said they will accept a 10% salary decrease or more.

* Generation Y won't budge: Only 9% of Gen Y is willing to accept a pay cut to keep their jobs.

* Retirement plans: 44% of employees over the age of 60 have been forced to delay their retirement plans.

* Pessimism...